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Top 9 Software Asset Management Tools Companies With $1M–$5M Revenue (September 2026)

As of September 2026, Latka tracks 9 software asset management tools companies with $1M–$5M in annual revenue. They have combined revenues of $28.3M and employ 241 people. They have raised $596.1K and serve 15 customers combined.

Every company below sells software asset management tools to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Software Asset Management Tools Companies do

Software Asset Management (SAM) tools are specialized software applications designed to manage and optimize an organization's software assets throughout their lifecycle. These tools help organizations track software usage, ensure compliance with licensing agreements, and optimize software spending by providing insights into software inventory and usage patterns. Typical features of SAM tools include automated software discovery, license management, compliance tracking, and reporting capabilities. They assist teams in identifying unauthorized software use, managing renewals, and aligning software assets with business needs. Common buyer personas for SAM tools include IT administrators, procurement teams, and finance professionals tasked with managing software-related expenses and compliance. Furthermore, SAM tools often integrate with existing IT infrastructure to facilitate better visibility across various software environments, including on-premises, cloud, and hybrid setups. By mapping dependencies and assessing risks, these tools empower organizations to make informed decisions about software investments and strategies, ultimately contributing to enhanced operational efficiency and cost savings.

Companies
9
Revenue
$28.3M
Funding
$596.1K
Employees
241

Filters

Sorting: Highest -> Lowest

Filters

Top Software Asset Management Tools Companies With $1M–$5M Revenue

Showing 9 of 9 companies ranked by annual revenue.

1Northern.tech logo
Northern.tech

United States

Northern.tech is the leader in device lifecycle management with a mission to secure the world's connected devices. Established in 2008, Northern.tech showcases a long history of enterprise technology management before IIoT and IoT became buzzwords. Northern.tech is the company behind CFEngine, the pioneer in server configuration management, to automate large-scale IT operations and compliance. In 2015, Northern.tech released the first version of Mender.io, the market leader in over-the-air (OTA) software update management. Mender offers robust, secure, and customizable OTA software updates for smart devices. Powering OTA software updates for more than a million devices worldwide over nearly a decade, Mender boasts a proven track record with Fortune 1000 clients, including Panasonic, Lyft, Volkswagen, Siemens, Thales, and ZF Group. Learn more about device lifecycle management for devices.

Revenue
$4.4M
Year founded
2008
Team size
40
2Welii logo
Welii

Paris, France

Welii is a France based SaaS Management Platform on a mission to help fast growing companies to keep back control on their SaaS Operations.

Revenue
$3.6M
Year founded
2021
Funding
$596.1K
Team size
38
3NEXGEN Asset Management logo
NEXGEN Asset Management

Sacramento, California, United States

Efficiently manage and sustain a comprehensive asset management program through a single software solution. NEXGEN Asset Management is the industry leading asset management software that combines a robust computer maintenance management system with advanced asset management planning tools. Based on over 25 years of practical asset management program and software implementation experiences, NEXGEN Asset Management is a web based software that was developed specifically to support a comprehensive asset management program. NEXGEN Asset Management has successfully been implemented globally across multiple industries that include utilities management, facilities management, manufacturing and fleet management. NEXGEN Asset Management software includes a comprehensive asset management program and eliminates the integration of multiple elements.

Revenue
$3.5M
Year founded
2006
Team size
32
4The Business Software Centre logo
The Business Software Centre

Basingstoke, England, United Kingdom

Provider of an online platform designed to offer software efficiency management services. The company's platform offers a complete and easy software for software asset management, services provider license agreement reporting, enabling businesses to keep their IT resources efficiently to making users happy.

Revenue
$3.4M
Year founded
2004
Team size
13
5iasset.com logo
iasset.com

Denver, Colorado, United States

iasset.com® is an award-winning platform tailored for technology vendors, distributors, resellers and MSPs. Designed to streamline and automate critical sales and revenue operations, iasset enables exponential revenue growth and significant cost savings. iasset provides channel-friendly, advanced CPQ and Quote-to-Cash functionality, automating the entire configure-quote-order-fulfill-payment process end-to-end. It also specializes in renewal management and data-driven revenue expansion (upsell/cross-sell/refresh/upgrade/EOL), making it the preferred platform for leading tech brands. Today, iasset.com has a global customer base and manages over $20 billion in assets for some of the most trusted brands within IT and IIoT. Companies that have benefited from iasset.com include Honeywell, Arrow ECS, Nutanix, VMware, Fujitsu, Trellix, Tesedi, Konica Minolta, Bluechip, Servion, Cancom, e360, Citrus Solutions, Annuity Management, Myriad360, Murdoch Webster, SAS IT, Spark NZ and more. Discover the many benefits of the iasset platform: - Revenue retention and incremental growth. - Greater efficiency and lower operational costs. - Data-driven insights into your installed base and partners. - Revenue leakage and customer churn minimized. - Resources freed to focus on delivering value. - No need for manual processes and data manipulation. - Proactive selling is easy and automated. - Seamless sales process across every lifecycle stage. For more information, visit www.iasset.com

Revenue
$3.3M
Year founded
2008
Team size
30
6Trelica logo
Trelica

Cambridge, England, United Kingdom

Trelica automates app discovery and management. Getting a complete picture of SaaS usage empowers you to tackle underused licenses, duplicative apps, and time-consuming IT operations for user on / offboarding and access requests.

Revenue
$3.2M
Team size
25
Growth
68.42%
7seventhings logo
seventhings

Dresden, Sachsen, Germany

eventhings, powered by ITEXIA, is a cloud-based asset management software that excels in offering digital solutions for asset management.

Revenue
$2.9M
Customers
15
Year founded
2014
Team size
28
8Setyl logo
Setyl

United States

Setyl is a cloud-based IT management (ITAM) platform, which integrates into your existing IT tech stack with more than 75 out-of-the-box integrations. The platform gives you full visibility and control over your IT assets, software applications, licenses, assigned users, admins, vendors and spend in one centralized register. Use Setyl to: ✓ Manage all your assets, licenses, usage and spend in one place. ✓ Streamline and scale your IT operations, including onboarding and offboarding workflows. ✓ Eliminate wasted IT spend. ✓ Safeguard against compliance and audit risks, including ISO 27001, SOC 2, GDPR and more. The intuitive interface requires little to no learning curve, making it easy to use and implement, and to collaborate with people across your organization.

Revenue
$2.3M
Year founded
2020
Team size
21
9Licenseware logo
Licenseware

United States

Experience a new kind of ITAM innovation. Specialized tools that can use any data, your data. Get licensing insights in minutes and unlock millions in savings. 🏆 ITAM Technology Innovation of the Year - ITAM Review Excellence Awards 2023 YTL Utilities UK 💬 "Licenseware made our Microsoft EA renewal simple, all of the complex manual work was removed entirely." Accenture 💬 "We're saving up to 50% of the time required to finish large projects".

Revenue
$1.5M
Year founded
2020
Team size
14

Frequently asked questions about Software Asset Management Tools Companies With $1M–$5M Revenue

How many software asset management tools companies with $1M–$5M in annual revenue are there?

Latka tracks 9 software asset management tools companies with $1M–$5M in annual revenue. Together they generate $28.3M in annual revenue and employ 241 people.

Which software asset management tools company with $1M–$5M in annual revenue is the largest?

Northern.tech is the largest, with $4.4M in annual revenue, founded in 2008.

How much revenue does a typical software asset management tools company with $1M–$5M in annual revenue make?

The average software asset management tools company in this list makes $3.1M a year, across 9 companies with reported revenue. They serve 15 customers combined.

Who are the leading Software Asset Management tools vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Northern.tech, Welii, NEXGEN Asset Management, The Business Software Centre and iasset.com.

How much funding have software asset management tools companies with $1M–$5M in annual revenue raised?

The 9 software asset management tools companies with $1M–$5M in annual revenue tracked here have raised $596.1K in disclosed funding between them.

Related IT Management Software categories

Inclusion Criteria

- Provides automated discovery and tracking of software assets - Supports compliance management by monitoring licensing agreements - Offers reporting and analytics capabilities to optimize software usage - Facilitates integration with existing IT management tools - Not just for compliance; must also enable software optimization and cost management - Tailored for businesses seeking to manage software across various environments, including on-premises and cloud solutions - Capable of identifying unauthorized software usage (shadow IT) within the organization